About Vrundavan Plantation Limited
Vrundavan Plantation is launching its IPO. The opens for subscription on 30th October and will close on 1st November 2023.
Disclaimer: This stock will trade with a lot size of 1200 shares in the SME segment on listing.
What does Vrundavan Plantation Limited do?
Incorporated in 1997 as a proprietorship business, Vrundavan Plantation is engaged in the nursery business.
The company operates in the following segments:
Nursery business segment: Their products in plantation include Big Trees, Shrubs, Ground Covers, Climber, Indoor Plants, etc. They also trade in Pots which include plastic pots, terracotta pots, self-watering pots, hanging pots, vertical gardens including pots of different materials like brass and ceramic, etc., and trade gardening tools along with the all necessary accessories for gardening. They also trade IN garden inputs as well, which include plant foods, organic pesticides, potting mixes, nutrients, etc.
Service business segment: They do lawn mowing services, brush and jungle cleaning activities, hedge trimming activities, and watering on roadside plants.
They also take maintenance contracts for the different organisations which also includes the government departments like ISRO and also for big companies like Reliance Industries.
Schedule/Timeline of Vrundavan Plantation Limited IPO
| Issue Period | 30th October to 1st November 2023 |
| Deadline for accepting UPI mandate | Until 5 PM on the issue closing day |
| Finalization of Allotment | November 6, 2023 |
| Initiation of Refunds | November 7, 2023 |
| Credit of Shares | November 8, 2023 |
| Date of Listing | November 9, 2023 |
| Mandate end date | November 16, 2023 |
| Anchor Investors Lock-In End Date | December 1, 2023 |
How to apply to the Vrundavan Plantation Limited IPO?
You can apply for the Vrundavan Plantation Limited IPO using any supported UPI app by following two steps:
- Enter your bid on Kite
- Accept the UPI mandate on your phone
On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.
How to check the allotment status for Vrundavan Plantation Limited IPO?
You can check the allotment status for the Vrundavan Plantation Limited IPO on the website of the Registrar and Transfer agent. Alternatively, you can also check the allotment status on the NSE website.